Carsten Kringel

Manager Capital Effiency Product Supply Synergietracking M&A Business Cases

• Global Controlling responsibility for 3 entities in Canada, US and Germany (ppa) with 5 production sites and approx. € 550m topline • Management of the global BPO service organization in Mumbai and Budapest • SAP migration to BASF ERP system • Global team with 4 direct and numerous indirect reports

• Business Case design and preparation of all relevant divestment Information • Preparation of standalone financials with Deloitte • Presentation to potential acquirer in NewYork and Frankfurt • Development of a new SAP ERP System for Business Process Outsourcing

• Global Investment program Controlling (USD 650m investment total) • Business Case evaluation and decision support on board level • Financial interface to strategy management • Evaluation of make or buy options

• Budget and Forecast for 9 production sites approx. Budget of € 700m per year • Leading position for all site controller, community management, 7 direct reports • Assessment of Investments, Calculation of Net Present Values • Direct consult of Product Supply Management for Make or Buy decisions • Analysis to implement the Product Supply Strategy e.g. Working Capital optimization

• Global Budget for Business Unit with approx. € 1bil topline • Realize and foster profitability targets and tracking of cost saving programs in alignment with McKinsey • BU Strategy validation, Board presentations

• General Ledger and subgroup reporting of BCS to Bayer • Implementation of IFRS Standards • Single point of contact for all M&A as well restructuring activities (special items, NPV calculation, tracking of intellectual property, purchase price allocation) • Consolidation of working capital and impairment tests • Assessment and monitoring of contracts. • 4 direct reports

• Roll-in of important European group entities into a global SAP template • Responsibility for all FI/CO matters • Successful migration of 6 entities in Portugal, Italy, Spain and France • Spin off of accounts payable and receivables to a European service centers • Project operation was full time abroad all over Europe • 16 direct reports

• Responsible for a fully-fletched Controlling and Accounting department • Headquarter reporting and implementation of Financial / IFRS standards • GL, closing, Budget, Forecast and KPIs • 40 reports (5 direct) and approx. € 500m topline

• Budget and controlling for 5 German production sites • Definition and calculation of Standard Cost (cost of goods manufactured) • ERP development esp. product costing (SAP CO/PC) • Building the department with finally 8 direct reports

• Develop a concept for evaluation of stocks in line with HGB and IAS rules • Responsibility for concepts to customize SAP/R3 CO/PC • Successful system migration for the joint venture (Hoechst/Schering)

• Concept and implementation for cost center accounting and budget process • Key interface for mother company Bausch & Lomb in the US

Process engineering / Business major subject: accounting, controlling, business planning